The price of liquefied petroleum gas (LPG) in Tbilisi may rise to GEL 1.80 per liter by the end of next week, according to the Association of LPG Importers and Retailers. Its president, Nariman Pitskheliani, said prices are being pushed up by both international market conditions and domestic costs.
Pitskheliani said global factors, including tensions in Iran and the Russia-Ukraine war, have increased prices on international markets. He added that fines imposed by Tbilisi City Hall on businesses also contribute to higher operating costs. Currently, LPG prices in Tbilisi are around GEL 1.70 per liter, while some regions have already reached GEL 1.75.
Georgia’s LPG market is highly dependent on Russia, which supplies about 99% of imports due to restrictions on imports from Iran. Industry representatives are seeking alternative suppliers, including Azerbaijan, Kazakhstan, and Turkmenistan.
According to the association, Kazakhstan could become a new source of LPG imports, although technical and regulatory barriers remain. The sector hopes that ongoing discussions with Kazakhstan will help create an additional supply route for the Georgian market.
